NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Bitcoin Korea Premium Index Turns Red, Decline Incoming?

Keshav Verma
Keshav Verma
2 years ago
3 mins read
Bitcoin

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Data shows the Bitcoin Korea Premium Index has taken a negative value recently, something that could lead to a drawdown in the asset’s price.

Bitcoin Korea Premium Index Has Declined Into Negative Values Recently

As pointed out by an analyst in a CryptoQuant post, past instances of this trend have resulted in pullbacks for the price of the cryptocurrency. The “Korea Premium Index” is an indicator that measures the difference between the Bitcoin price listed on South Korean exchanges and that listed on foreign platforms.

This metric helps us know whether Korean investors are currently buying more or less of the cryptocurrency compared to the investors residing in other parts of the world.

When the value of the metric is positive, it means the price listed on the South Korean exchanges is higher than that on the global exchanges right now. Such a trend implies that Korean holders are applying a higher buying pressure (or perhaps just a lower selling pressure) than foreign investors.

On the other hand, negative values of the indicator suggest that users of the South Korean exchanges are selling more of the cryptocurrency than the global holders currently.

Related Reading

Bitcoin

Bitcoin Loss Taking Spikes, Why This Could Be Bullish

2 years ago

Now, here is a chart that shows the trend in the Bitcoin Korea Premium Index over the past year:

Bitcoin Korea Premium Index

The value of the metric seems to have declined in recent days | Source: CryptoQuant

As shown in the above graph, the Bitcoin Korea Premium Index has had a positive value for much of the current rally that started back in January of this year. This would suggest that the Korean investors have been participating in a heavier amount of buying than the foreign investors.

Recently, however, the indicator has been gradually going down, implying that the buying pressure from this segment of the market has been dropping off. Coincidentally, the price of the cryptocurrency has overall moved sideways since this trend formed.

In the last few days, the metric has now declined enough to enter into the negative territory, which is a sign that the buying pressure may now have flipped into selling pressure instead.

In the chart, the quant has marked the past instances where the Bitcoin Korea Premium Index had assumed some strong negative values. It looks like whenever such values of the indicator appeared, the BTC price observed some decline shortly after.

Related Reading

Bitcoin price

Bitcoin Price Poised To Hit $50,000, This Crypto Expert Predicts

2 years ago

Based on this pattern, the cryptocurrency may be at risk of another drawdown in the near future. However, the metric still only has a small negative value so far, while the past declines have generally come when the values have been much lower.

This may mean that if the Bitcoin Korean Premium Index doesn’t decrease further from here, the trend that was seen in the past might not repeat itself.

BTC Price

At the time of writing, BTC is trading around $27,900, up 1% in the last week.

Bitcoin Price Chart

Looks like BTC hasn't stopped its consolidation yet | Source: BTCUSD on TradingView
Featured image from Kanchanara on Unsplash.com, charts from TradingView.com, CryptoQuant.com
Tweet123Share196ShareSend
Keshav Verma
Keshav Verma

Keshav Verma

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021.

Read more

Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to.

In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions.

Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true.

Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn’t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment..

Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form.

Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new.

As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money.

Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn’t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs.

Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Best Crypto to Buy as Bitcoin’s Largest-Ever Options Expiry Set to Push the King Crypto over $110K

Bitcoin is headed towards its largest option expiry of 2025 at around $13.8B on May 30. Just a week earlier,...

NewsBTC 5 hours ago
Bitcoin

Bitcoin Realized Profits At Normal Levels —  BTC Upward Run To Continue?

Bitcoin has had an interesting run so far in 2025, embarking on exciting upside rallies and enduring deep corrections in...

Opeyemi Sule 5 hours ago
XRP

Investors Pour $2.75 Billion Into Bitcoin ETFs As Price Skyrockets

Spot Bitcoin ETFs ripped in $2.75 billion this week, and that haul was nearly 4.5 times last week’s $608 million....

Christian Encila 7 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

Technical Analyst Predicts Bitcoin Price Blow Off Top To $325,000 – The Timeline Will Shock You

Scott Matherson 1 hour ago
Bitcoin Pulls Back To Daily EMA 8 – Can Bulls Hold Momentum?

Bitcoin Pulls Back To Daily EMA 8 – Can Bulls Hold Momentum?

Sebastian Villafuerte 2 hours ago
XRP

XRP Price Flashes Signal That Triggered 600% Rally In November 2024

Scott Matherson 4 hours ago

Premium Sponsors

Top Brands

Press Releases

  • Roam Announced the Upcoming Premium eSIM: A Revolutionary...

    10 hours ago
  • 2025 Discover the Secrets of XRP Passive Income: How to...

    18 hours ago
  • As XRP futures face market uncertainty, investors turn to...

    20 hours ago
  • Ethereum price surges, a whale increases holdings and earns...

    1 day ago
  • How can global XRP, BTC, and DOGE holders turn their idle...

    1 day ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.